Your home isn’t just a place to live—it’s an asset you can use to finance what matters most. With a Home Equity Loan or Home Equity Line of Credit (HELOC) from Penn Community Bank, you can access low rates, flexible terms, and predictable payments to fund your next big project, cover unexpected expenses, or consolidate debt.
Why Choose a Home Equity Loan from Penn Community Bank?
LIMITED TIME OFFER: Rates as low as 5.24% APR*
Take advantage of competitive rates and lock in predictable payments that fit your budget.
Possible Tax Advantages
Interest may be tax-deductible when funds are used for qualified home improvements. (Consult your tax advisor.)
Predictable & Convenient Payment Options
Enjoy the security of fixed monthly payments and set up automatic deductions for hassle-free repayment.
Simple Application Process
Apply online or at your nearest branch, with fast, local decision-making to keep things moving.
Financial Flexibility
Put your home’s equity to work by paying off high-interest debt, financing home improvements, investing in your future, or managing unexpected expenses.
With a Home Equity Loan from Penn Community Bank, you can move forward with confidence, knowing you have the financing you need and the trusted support of a local bank that’s always on your side.
Take Advantage of Our Latest Great Rates on Home Equity Loans!
Whether you’re looking for short-term flexibility or long-term affordability, Penn Community Bank has you covered. With competitive fixed rates starting as low as 5.24% APR* and flexible terms up to 20 years, it’s easier than ever to put your home’s equity to work for you.
Explore our latest Home Equity Loan rates below and find a term that fits your goals and your budget!
Smart Ways to Use Your Home Equity
Your home’s equity isn’t just a number—it’s an opportunity. A Home Equity Loan from Penn Community Bank gives you the flexibility to achieve your financial goals with confidence.
Ready to unlock the possibilities?
Home Improvements & Renovations
Boost your home’s value with upgrades like a new kitchen or remodeled bathroom, or invest in energy-efficient improvements to save on utility costs.
Debt Consolidation
Pay off high-interest credit cards and loans with one simple, lower-rate monthly payment.
Tuition or Education Costs
Invest in your or your child’s future by covering tuition or education-related costs.
Emergency Funds
Have peace of mind knowing you can handle unexpected expenses, from medical bills to urgent repairs.
Major Life Events
Whether it’s a dream wedding, starting a business, buying a vehicle, investing in real estate, or a once-in-a-lifetime vacation, your home equity can help make it happen.
Ready to unlock the possibilities?
Home Equity Line of Credit (HELOC)
Flexible Financing on Your Terms
A Home Equity Loan isn’t the only way to tap into your home’s value. If you need ongoing access to funds for future projects or unexpected expenses, a Home Equity Line of Credit (HELOC) gives you the flexibility to borrow what you need, when you need it, without taking out a lump sum upfront.
Unlike a traditional loan, a HELOC works like a credit card secured by your home’s equity: you can draw funds as needed, reuse available credit, and only pay interest on the amount you actually use. Whether you’re planning projects in phases or preparing for life’s surprises, a HELOC gives you the flexibility and control to manage your expenses your way.
Smart Ways to Use Your HELOC
A Home Equity Line of Credit (HELOC) from Penn Community Bank offers flexible access to funds when you need them most—so you can plan ahead, handle the unexpected, or make improvements over time with confidence.
Ready to unlock the possibilities?
Phased Home Improvements
Phased Home Improvements – Upgrade your home at your pace: replace appliances now, update flooring later, and renovate your kitchen when you’re ready.
Debt Consolidation
Pay down credit card balances and high-interest loans in phases, helping you better manage monthly payments and avoid new debt buildup.
Tuition or Education Costs Over Time
Pay for tuition semester by semester, making it easier to manage education costs without taking on a large lump-sum loan.
Emergency Funds
Handle surprise costs like medical bills, emergency home repairs, or urgent car fixes without disrupting your savings.
Seasonal or Recurring Expenses
Manage periodic costs like property taxes, holiday spending, or seasonal home maintenance without disrupting your budget.
Ready to unlock the possibilities?
Key Differences: Home Equity Loan vs. HELOC
Not Sure Which Option is right for you?
Whether you need a one-time lump sum with a Home Equity Loan or flexible borrowing with a HELOC, Penn Community Bank is here to help you make the best financial decision for your needs.
Our team is ready to guide you through the process.
*This is a limited-time offer. Property must be owner-occupied. Borrower must qualify for loan based on standard underwriting criteria. Available for 1st or 2nd lien position.
An example loan of $50,000 at 7.240% for 240 months would have monthly payments of $394.89. Payment does not include taxes and insurance premiums, where applicable. The APR of 7.240% includes no prepaid finance charge.
Rate expressed as Annual Percentage Rate (APR) and available as of 04/28/2025 [BK1] for first and second lien position home equity loans of $10,000 to $1,000,000 and up to 80% Loan-to-Value (LTV). All loans are subject to credit review and approval. Ask for full details. Member FDIC. Equal Housing Lender. Penn Community Bank NMLS #: 434939